Tibet Lingfeng Industrial Co., Ltd. is a wholly-owned subsidiary of Lhasa City Construction and Investment Management Co., Ltd.. It is a group company established by Chengtou Corporation to integrate resources and coordinate the development of professional market operations. The company was registered and established on January 15, 2018 at the Bureau of Industry and Commerce of the Tibet Autonomous Region with a registered capital of RMB 500 million. The legal representative is Fang Min. The business scope covers logistics services(excluding storage and transportation of dangerous goods), property management(excluding security services), rental of houses, sales of automobiles and spare parts, sales of daily department stores, research and development of food processing technologies, and non-staple food sales. There are 11 subsidiaries, namely Lhasa Chengtou Agricultural and By-product Management Co., Ltd., Lhasa Chengtou Used Car Trading Co., Ltd., and Gate, with a total of more than 365 employees(including employees).

The projects currently being promoted by Tibet Lingfeng Industrial Co. Ltd. include the Modern Intelligent Logistics Park Project and the Construction Machinery Trade City.

At present, the Group is implementing the "13th Five-Year Plan" development strategy, in accordance with the development model of "doing solid, doing strong, doing large, doing well and doing long", and relying on the "double prime" power of industrial development and capital operation. With the help of the "two wings" of "internationalization and the Internet", six major measures have been adopted to improve the quality of assets, optimize the capital structure, adjust the industrial structure, structure the global market, carry out R&D and innovation, and enhance the level of informatization. The goal of "running and winning large cities and transforming and upgrading" is to create benefits for shareholders, create value for society, create growth space for employees, and become a global company that is trusted and loved by the public.

January 15, 2018 Tibet Lingfeng Industrial Co., Ltd. was formally established;

On January 25, 2018, Lhasa City Fertiliser Market Co., Ltd. completed the acceptance and acceptance;

In June 2018, the Tibet Peak International Wisdom Logistics Park project started construction;

On May 1, 2018, Debang Logistics and Suning Yiyi formally entered the Lhasa Chengtou Logistics Park under the Lingfeng Group and signed a storage contract;

On May 17, 2018, Tibet Huitong Timber Management Co., Ltd., a subsidiary of the Tibet Leadership Group, was established;

In June 2018, the construction of the aquatic products, meat, and cold chain projects at the Dongfu Agricultural Products Wholesale Market under the Tibet Lingfeng Group began;

On June 23, 2018, the Lhasa City Investment and Exchange Center under the Tibet Lingfeng Group officially opened the Hemei.

On August 19, 2018, Lhasa City Investment and Logistics Co., Ltd., a subsidiary of Lingfeng Group, completed the construction of the second phase of aluminum alloy processing market;

In October 2018, CNPC City Investment Oil entered Lhasa City Investment and Logistics Co., Ltd., a subsidiary of the Lingfeng Group, and established a gas station of 5,000 square meters;

In October 2018, Lhasa City Investment and Logistics Co., Ltd., a subsidiary of the Lingfeng Group, invested a large amount of funds to establish a 19,794 square meter refrigerated and refrigerated temperature bank and built a 10,000 square meter warehouse;

On October 4, 2018, Tibet Meikang Insect Trade Co., Ltd., a subsidiary of the Tibet Lingfeng Group, held the first "Lhasa Chengtou · Cordyceps" Cultural Festival;

In December 2018, Lhasa City Investment and Agriculture Management Co., Ltd., a subsidiary of the Tibet Lingfeng Group, established a strategic cooperation with the Tiansheyi supply and marketing company of Lingfengtiansheyi, Sichuan, to establish a branch of Tibet Luanjia Supply and Marketing Co., Ltd..

On March 6, 2019, Lhasa Chengtou Used Car Trading Co., Ltd., a subsidiary of Tibet Lingfeng Group, was officially renamed Lhasa Chengtou Automobile Industry Development Co., Ltd..

On April 26, 2019, the shareholders of Lhasa Chengtou Automobile Industry Development Co., Ltd. were changed from Lhasa City Construction Management Co., Ltd. to Tibet Lingfeng Industrial Co., Ltd.;

On April 28, 2019, the shareholders of Tibet Huifeng Timber Management Co., Ltd. were changed from Lhasa City Construction Management Co., Ltd. to Tibet Lingfeng Industrial Co., Ltd.;

On May 16, 2019, the shareholders of Lhasa City Fertiliser Market Co., Ltd. were changed from Lhasa City Construction Management Co., Ltd. to Tibet Lingfeng Industrial Co., Ltd.;

In May 2019, the shareholders of Lhasa Chengtou Agricultural Byproduct Management Co., Ltd. were changed from Lhasa City Construction Management Co., Ltd. to Tibet Lingfeng Industrial Co., Ltd..